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$3,149,000
5 Days On Site

229 Palos Verdes Dr W
Palos Verdes Estates, CA 90274

For Sale|Apartment|Active
0
Beds
0
Total Baths
5,994
SqFt
$525
/SqFt
1956
Built
County:
Los Angeles
Listed by John Stiegler II of Lyon Stahl Investment Real Estate, Inc. [email protected]

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(678) 675-6575
229 Palos Verdes Dr W229 Palos Verdes Dr W229 Palos Verdes Dr W229 Palos Verdes Dr W
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We are pleased to present 229 Palos Verdes Dr W, a multifamily investment opportunity located in the highly desirable Malaga Cove neighborhood of Palos Verdes Estates. The property consists of (2) one-bedroom/one-bath units and (4) two-bedroom/one-bath units totaling approximately 5,994 square feet on an 8,490 square foot lot. Each unit includes a private one-car garage and driveway parking space, with additional parking conveniently located across the street. Select units enjoy ocean views, while tenants benefit from the propertys exceptional location near scenic walking trails leading to the beach and the Hollywood Riviera. Multifamily opportunities in Palos Verdes Estates are extremely limited, making this a unique investment opportunity with significant long-term upside and value-add potential through rental repositioning. Combining an irreplaceable coastal location, strong unit mix, ample parking, and ocean-view potential, 229 Palos Verdes Dr W offers investors the opportunity to acquire a premier multifamily asset in one of Southern California’s most sought-after coastal communities.

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Listing Snapshot
Price 
$3,149,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,994 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1949 Acres
Year Built 
1956
MLS® Number 
SB26130060
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1949
Garage 
Yes
Garage Spaces 
6
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking Spaces 
6
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5994
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Association Amenities 
Dog Park
Building Access 
1
Community Features 
FishingParkSidewalks
Financing Terms Available 
CashConventional1031 Exchange
MLS Area 
163 - Malaga Cove


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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